Economic

Nigeria: U.S $700 Million Sovereign Wealth Fund Missing

“The federal government has said $7 million out of the $1 billion in the Sovereign Wealth Fund (SWF) is missing from the fund’s account. The Ad-Hoc Committee of five governors on the management of the Excess Crude Account and related federation account issues which made the revelation also said it has since grilled the management of the SWF over the missing money.”

Source: Nigeria: U.S $700 Million Sovereign Wealth Fund Missing – Oshiomhole – allAfrica.com

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